Entrepreneurship for Kids Worksheet: Needs and Wants
Business tip (Must have or nice to have?): Need = must have to live, stay healthy, safe or go to school (water, food, shoes, medicine, uniform, bus fare). Want = nice to have, but we can live without it (games, gadgets, extra shoes, sweets every day). Season changes what people need: umbrellas in the monsoon, warm drinks in winter.
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- 1.Which of these is a want? (a) bus fare to school (b) sweets every day (c) school shoes (d) medicine when ill
- 2.🛒 Need or want: a roof over your head? (a) a need (b) a want
- 3.☔ In the monsoon, which would sell best at a school gate? (a) paper kites (b) umbrellas and raincoats (c) ice lollies (d) woollen sweaters
- 4.Which of these is a want? (a) a third pair of shoes (b) a warm blanket (c) rice and dal (d) bus fare to school
- 5.🛍️ Why do businesses that meet needs often sell all year? (a) nobody buys needs (b) needs are always free (c) needs are toys (d) people always need them
- 6.True or false: “school shoes” is a want. (a) True (b) False
- 7.🛒 A family has little money. What should it buy first? (a) the wants (b) the costliest thing (c) the most fun thing (d) the needs
- 8.Which of these is a want? (a) bus fare to school (b) a video game (c) drinking water (d) school shoes
- 9.Which of these is a need? (a) a warm blanket (b) a party dress (c) designer sunglasses (d) a glitter pen set
- 10.🛒 Need or want: rice and dal? (a) a want (b) a need
- 11.🎯 A want can still be a good business when… (a) many people want it (b) it breaks the rules (c) nobody likes it (d) it is not safe
- 12.True or false: “a roof over your head” is a want. (a) True (b) False
- 13.🛒 Need or want: a warm blanket? (a) a want (b) a need
- 14.💡 A need is something… (a) nice but not needed (b) only rich people buy (c) made of plastic (d) we must have to live
- 15.True or false: “a glitter pen set” is a want. (a) False (b) True
- 16.True or false: “a toy robot” is a want. (a) False (b) True
- 17.True or false: “a video game” is a want. (a) True (b) False
- 18.🛒 Need or want: a third pair of shoes? (a) a want (b) a need
- 19.🛒 Need or want: a glitter pen set? (a) a want (b) a need
- 20.Which of these is a want? (a) rice and dal (b) school shoes (c) notebooks for school (d) designer sunglasses
- 21.True or false: “soap” is a want. (a) False (b) True
- 22.❄️ On a cold winter morning, which stall would most people want? (a) water guns (b) ice lollies (c) paper fans (d) hot drinks
- 23.True or false: “school shoes” is a need. (a) False (b) True
- 24.🛒 Need or want: a video game? (a) a need (b) a want
- 25.🔍 Which is the odd one out? (a) rice and dal (b) a toy robot (c) school shoes (d) drinking water
- 26.Which of these is a need? (a) a glitter pen set (b) a bigger TV (c) notebooks for school (d) a video game
- 27.🔍 Which is the odd one out? (a) medicine when ill (b) a glitter pen set (c) designer sunglasses (d) a fancy phone cover
- 28.🛒 Need or want: sweets every day? (a) a need (b) a want
- 29.🔍 Which is the odd one out? (a) a party dress (b) rice and dal (c) designer sunglasses (d) a video game
- 30.Which of these is a need? (a) designer sunglasses (b) a sticker album (c) a third pair of shoes (d) a school uniform
- 31.Which of these is a need? (a) a fancy phone cover (b) a party dress (c) a roof over your head (d) a bigger TV
- 32.🔍 Which is the odd one out? (a) a party dress (b) a glitter pen set (c) drinking water (d) sweets every day
- 33.🔍 Which is the odd one out? (a) sweets every day (b) a school uniform (c) notebooks for school (d) medicine when ill
- 34.🔍 Which is the odd one out? (a) medicine when ill (b) school shoes (c) drinking water (d) a video game
- 35.True or false: “bus fare to school” is a want. (a) True (b) False
- 36.🛒 Need or want: drinking water? (a) a need (b) a want
- 37.Which of these is a need? (a) a third pair of shoes (b) drinking water (c) a video game (d) a toy robot
- 38.Which of these is a want? (a) a glitter pen set (b) rice and dal (c) a school uniform (d) soap
- 39.🔍 Which is the odd one out? (a) school shoes (b) a warm blanket (c) notebooks for school (d) a party dress
- 40.🔍 Which is the odd one out? (a) a warm blanket (b) soap (c) drinking water (d) a fancy phone cover
Answer key
- sweets every day
- a need
- umbrellas and raincoats
- a third pair of shoes
- people always need them
- False
- the needs
- a video game
- a warm blanket
- a need
- many people want it
- False
- a need
- we must have to live
- True
- True
- True
- a want
- a want
- designer sunglasses
- False
- hot drinks
- True
- a want
- a toy robot
- notebooks for school
- medicine when ill
- a want
- rice and dal
- a school uniform
- a roof over your head
- drinking water
- sweets every day
- a video game
- False
- a need
- drinking water
- a glitter pen set
- a party dress
- a fancy phone cover
Free entrepreneurship lessons, practice and worksheets at talentjr.in/entrepreneurship-for-kids